All Forum Posts by: Jesse Rivera

I agree with Ned Carey and J Scott. If you are selling for fulle ARV, then all of the big things need to be done. As a an agent that works for buyers, this is a must. You are wondering about sewer repairs? That is a deal breaker!

Great thread with great info. Thanks!

Why wouldn't you want to use a realtor? Any good agent is always prospecting, and will come across properties that can't be financed (wholesale) or don't have enough equity to sell (sub2 or lease/option).

But like Tj Hines said, make sure they know what you are doing and what they get out of the deal. Always make sure you do that upfront.

And like TJ said, many agents will think you are crazy or running a scam (you would be surprised the questions I get from agents with years of experience. Sigh.), just say thanks and move on to the next.

Jillian Sidoti, glad to see you chiming in on the Forum. Investor pooling is a complicated subject, and I'm glad we have an expert on the forum.

I see you are doing a workshop here in Portland on the 20th. I am hoping to make it!

What exactly has he done wrong? Is it the law in Florida that terms must be disclosed in the ad? What does the listing say? For all you know, he may doing what the owner wants him to do.

I'm not saying he is a great agent. There are plenty of bad ones. But unless he has done something illegal or against the state agency guidelines, a complain will go nowhere.

Write an offer, contingent on inspection and visual inspection. He will have to present that to his seller.

I don't agree, and it might be a state thing. When I am representing another, which requires a license, then I am working on behalf of my brokerage. But if I am a principal in a deal, then I am working for myself. I am held to a higher standard, and my broker is required to check and sign all paperwork, but the check goes to me, and my broker gets no cut.

But my brokerage is VERY investor friendly, and I know most are not. It is a different animal, and a different mindset. I would suggest finding a broker that understands and supports my business model.

Looking forward to it!!!!!!

Great advice!

Look at the cars in the driveway, that is a great indicator. If there are nothing but hoopties, than the neighborhood is not going anywhere. But young professionals drive nicer cars, and they are the ones that bring the neighborhood to a higher level.

We do the same as Michael Woodward, except our last step is to seal it with polyurethane, not shellac. You can buy a big bucket at home depot, just use a mop to apply.

Works like a charm.